Category: Startups
Adage Automation secures Rs 230 crore in funding led by PE firm InCred Alternative
Adage Automation, an industrial gas analytics and environmental monitoring company, has raised Rs 230 crore in a growth funding round led by private equity firm…
Koo cofounder Mayank Bidawatka shuts down new venture PicSee
Mayank Bidawatka, cofounder of vernacular microblogging platform Koo, has shut down his latest venture PicSee, an AI-powered photo-sharing app, less than a year after launch….
CCI clears UpGrad-Unacademy merger, paving way for major edtech consolidation
India’s competition regulator has cleared Ronnie Screwvala-led Upgrad’s proposed merger with Unacademy, removing a key procedural hurdle for one of the largest consolidation moves in…
Flipkart announces $50 million Esop buyback: the biggest employee cashouts at startups so far
Employee stock ownership plans (Esops) are becoming common in India’s startup ecosystem, letting employees cash out vested stock options before an IPO or acquisition. In…
Cult.fit IPO: Cultfit files DRHP with Sebi to raise Rs 950 crore via fresh issue
Fitness and active lifestyle platform Cultfit has filed its draft red herring prospectus with the Securities and Exchange Board of India for an initial public…
Deeptech sparks new hope as venture debt deals stay flat in H1
Venture debt financing in India remained largely flat in the first half of 2026 as a slowdown in venture capital funding for mature startups limited…
PhonePe insurance CEO Vishal Gupta quits to launch new startup
Vishal Gupta, the chief executive of PhonePe Insurance Broking Services, a subsidiary of PhonePe, has resigned to launch his own startup.Announcing his departure in a…
Flipkart announces second Esop liquidity event in a year
Walmart-owned Flipkart has initiated its second Esop ( Employee stock ownership plan) liquidity event in the past year, allowing eligible employees to liquidate up to…
Rentomojo receives Sebi approval for IPO; to raise Rs 150 crore via fresh issue
Rentomojo, the online rental and subscription platform for home furniture and appliances, has received the approval from the Securities and Exchange Board of India (Sebi)…
EV logistics startup TOCAL raises Rs 9 cr to drive EV fleet, fulfillment expansion
Tech-enabled EV fleet and fulfillment infrastructure platform TOCAL on Monday said it has raised Rs 9 crore in a funding round led by XB Group,…